Taking money out of an ATM while on holiday can prove to be an expensive way to access your own cash, it has been claimed. According to a report from MoneyExpert, cash withdrawals made outside the UK will cost Britons…
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Small businesses around the UK are not happy with the way the government’s policies have impacted their financial circumstances, it has been revealed. A poll by the Small Business Federation (SBF) found that close to 96 per cent of its…
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An increasing number of British consumers are turning to so-called doorstep loans in an effort to alleviate their debt management problems, it has been claimed. Research carried out by Equifax on behalf of ITV News recently found that close to…
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People looking to borrow money have been urged to assess their track record when it comes to paying back loans and credit card debt. Richard Brown, chief executive of moneynet.co.uk, is convinced that financial service firms base their lending decisions…
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The gross amounts being lent as home loans across the country took a further dip last month, according to the Council of Mortgage Lenders (CML). A total of £25.5 billion was borrowed as mortgage debt last month, which is almost…
A new report has highlighted the extent to which the costs of borrowing via a personal loan have increased in recent months. Figures compiled by Defaqto have shown that when the base rate of interest was last at five per…
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The Bank of England’s monetary policy committee (MPC) considered increasing the base rate of interest across the country earlier this month, it has emerged. According to the minutes of the MPC’s meeting, there was sufficient concern about the recent rises…
Calls have been made for government policymakers to clampdown on excessively high store card interest rates. The Conservatives’ shadow chancellor George Osborne recently suggested that while proper debt management is primarily the responsibility of individual consumers, the government should also…
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